News

TORONTO – SMTC Corporation, a global ems provider, announced first-quarter revenue of $69.5 million, compared with revenue of $59.9 million last year – a 16% increase year-over-year.

Net income was $2.8 million for the first quarter of 2007, approximately three times what was reported for the same period last year.

Gross profit was $6.5 million, or 9.3% of revenue, compared with $6.1 million, or 10.1% of revenue for the same period in 2006.